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Tuesday, January 1, 2013

Question 1453


Some analysts have argued that "slope" or "hill" would be more appropriate terminology for this phenomenon because while the cumulative effect over all would be substantial, it would not be felt immediately but rather gradually as the weeks and months went by.

What term which was popularized by Ben Bernanke, chairman of the U.S. Federal Reserve, in February 2012?

Answer: Fiscal cliff.

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